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Fintech and Financial Inclusion
Raffaele Mauro
Managing Director
Endeavor Italy
April 2016
Wired Money Conference
1
2
Digitalization
Decentralization
Smart
Disintermediation
The 3 Ds
3
I - Digital Content
III โ€“ Financial &
Political Institutions
II - Physical Goods
The 3 Waves
4
The First Wave: Digital Content
Publishing Music
5
The Second Wave: Physical Goods
Transportation Housing
6
The Third Wave: Financial Institutions
7
8
9
Global Findex Report
10
2014: 2 Billion adults wordlwide are unbanked
but โ€ฆ.
20% drop since 2011
Leapfrogging & Mobile Tech
11
2% of adults worldwide have mobile banking accounts
> 12% in Sub-Saharan Africa
Savings โ€“ Credit โ€“ Insurance โ€“ Payments - Remittances
Digitalization
Decentralization
Smart
disintermediation
The 3 Ds
12
13
Mexico
Nigeria
Nigeria
Global China
Philippines
14
Online micro-loans to low income
entrepreneurs & students
15
Pre-Payment plans in Mexico
16
Payroll Service for the Unbanked
Digitalization
Decentralization
Smart
disintermediation
The 3 Ds
17
18
Nigeria โ€“ Uganda โ€“ Kenya - Tanzania
19
20
Digitalization
Decentralization
Smart
Disintermediation
The 3 Ds
21
22
23
24
25
26
Thank you !
raffaele.mauro@endeavor.org
27
Profile
Raffaele Mauro, Ph.D.
Raffaele Mauro is passionate about technology, policy and global finance.
Now Managing Director at Endeavor Italy, he is focused on high-impact entrepreneurship
and venture capital, providing companies access to smart capital, talent and markets.
Previously he was Head of Finance for Innovation & Entrepreneurship at Intesa Sanpaolo
and worked at venture capital funds such as P101 Ventures, Annapurna Ventures and
OltreVenture. Raffaele holds an MPA from Harvard University, a Ph.D. from Bocconi and is
alumnus of the Singularity University Graduate Studies Program at NASA Ames.
He is also Junior Fellow at the Aspen Institute, member of the โ€œYoung European Leaders โ€“
40 under 40โ€ cohort of 2011, member of the scientific committee at Blockchainlab.it and
member of the executive committee at the Global Shapers Hub - Milano, a World Economic
Forum community.
Twitter: @rafr
28

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